Medical Marijuana Inc (MJNA)

[Intotheblack]

You are 100% right, but you're verbiage isn't as exact as it could be.

Dilution is a factor here, but it's not a deal breaker. Convertibles are very hard to nail down because of the complexities fo the notes, the details that say the lowest of or 50% lower than, the lowest trading days during X times etc... many wont even do the math they just say "nope". Others will do the math and say wow, this isn't terrible, or it's actually pretty good comparatively speaking. IMO, Yes, it's holding the stock back at present, but it's not a permanent fixture. It IS part of the fundamentals, the share count. It's ok though. As time moves forward, the dilution will be less and less, revenue will be more and more.

I haven't dug deep enough into the deals regarding the purchase of the subs, nor have I dug into the backgrounds of owners to see if they have shady pasts or if they are on the legit side of things, but I'm definitely interested here... ergo my posting.

I'll dig a little deeper in the coming weeks and days. I See another block hit the bid- million shares of so- that seems to be the MO of the conversions... get things going then toss a million at it. Again- won't last forever and when it magically stops... this will pop again.

GL, and thanks again for the informative posts.